Replication data for: Place-Based Policies, Creation, and Agglomeration Economies: Evidence from China's Economic Zone Program

Principal Investigator(s): View help for Principal Investigator(s) Yi Lu; Jin Wang; Lianming Zhu

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Project Citation:

Lu, Yi, Wang, Jin, and Zhu, Lianming. Replication data for: Place-Based Policies, Creation, and Agglomeration Economies: Evidence from China’s Economic Zone Program. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116515V1

Project Description

Summary: Combining rich firm and administrative data, this paper examines the incidence and effectiveness of a prominent place-based policy in China: special economic zones. Establishing zones is found to have had a positive effect on capital investment, employment, output, productivity, and wages, and to have increased the number of firms in the designated areas. Net entry plays a larger role in generating those effects than incumbents. The special zone program's net benefits over three years are estimated to amount to about US$15.62 billion. Capital-intensive industries benefit more than labor-intensive ones from the zone programs.

Scope of Project

JEL Classification:
      O16 Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
      O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
      O25 Industrial Policy
      P25 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics
      R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
      R32 Other Spatial Production and Pricing Analysis
      R58 Regional Development Planning and Policy

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Published Versions

V1 [2019-12-07]

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